Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Hire purchase is beneficial to the seller because?
it enhances his living standard
it increases his turnover
people pay instalmentally
of the patronage he enjoys
Correct answer is B
No explanation has been provided for this answer.
A trade association consists of members engaged in the same trade while a chamber of commerce is?
highly regulated by a governent agency
not restricted on a particular industry
made up of members that are registered
made up of firms in the banking industry
Correct answer is B
No explanation has been provided for this answer.
The members of ECOWAS include?
Nigeria, Chad, Gabon and Cape Verde
Burkina Faso, Nigeria and Ghana, Algeria
Guinea, Mali, Cameroun and Nigeria
Togo, Niger, Nigeria and Ghana
Correct answer is D
No explanation has been provided for this answer.
The most important advantage of privatization is the enhancement of?
liquidity
accountantability
profitability
efficiency
Correct answer is D
No explanation has been provided for this answer.
ratification
estoppel
illegality
misrepresentation
Correct answer is B
No explanation has been provided for this answer.